Eight Strategies for Successful State Expansion in the Small Commercial Marketplace [Part 4 in Series]
As Warren Buffett famously said, “You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.” 1 One can also apply this concept to mutual insurance...
Underwriting Opportunities in the Small Commercial Marketplace [Part 3 in Series]
Part 3 in our series examining the Small Commercial marketplace and the strategic capabilities insurers can utilize for profitable expansion in this market. It is no secret that the world of insurance is moving increasingly towards efficient, online-based, low- or...
Telematics: From Promise to Profitable Product
Telematics: From Promise to Profitable Product Telematics is no longer a niche. The technology can drive value and in the two years I spent leading a telematics program I was able to: Grow adoption over 300% with independent agents Redesign an end-to-end mobile app...
Opportunities Abound in the Small Commercial Marketplace (Part 2) – The Key to a Strong Distribution Strategy
By Aaron Augustyniak, Treaty Account Executive, and Jess Butler, Chief Operating Officer, Mutual Capital Analytics Part 2 in our series examining the Small Commercial marketplace and the five strategies insurers can utilize for profitable expansion into this market....
Opportunities Abound in the Small Commercial Marketplace (Part 1) – 5 Strategies for Profitable Growth
Part 1 in our series examining the Small Commercial marketplace and the five strategies insurers can utilize for profitable expansion into this market. The Small Commercial marketplace is an outstanding opportunity for insurance companies of all sizes to profitably...
Data-Driven Pricing, Portfolio Management, and Much More – What is Product Management?
The insurance industry is perpetually evolving with technology, innovation, and data analytics. Data, both internal and external, has become readily available for insurance carriers over the past few decades. The use of this data is multifaceted and has become vital...